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Trump was sustained through 2008 real estate crash by all-cash transactions from Russian oligarchs


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Trump was sustained through 2008 real estate crash by all-cash transactions from Russian oligarchs

Mark Sumner at Daily Kos 

https://www.dailykos.com/stories/2018/6/19/1773248/-Trump-was-sustained-through-2008-real-estate-crash-by-all-cash-transactions-from-Russian-oligarchs 


Where previous reports have demonstrated that Russian oligarchs dragged Trump back from bankruptcy after his failures in Atlantic City, McClatchy’s list of cash-only transactions from Russia and former Soviet territories show how Trump was kept solvent and expanding even as the real estate market was crashing in 2008. While other companies were dependent on legitimate businesses working through mortgage companies that had suddenly tightened their belts, Trump was not. 

Instead, Trump was able to cheer from the sidelines of disaster, sheltered by money that continued to pour in through a pipeline he opened years before. And these transactions are just another indicator that contacts of Trump and his associates with Russian operatives in the run up to the 2016 election were not an aberration, but a continuation of business as usual. 

Adam Schiff: The size and scope of these cash purchases are deeply troubling as they can often signal money laundering activity, There have long been credible allegations of money laundering by the Trump Organization which, if true, would pose a real threat to the United States in the event that Russia were able to leverage evidence of illicit financial transactions against the president. 

In the months before the election. the Financial Times published multiple articles on how Donald Trump sold American real estate at premium prices to foreign nationals—many of them oligarchs from Russia and former Soviet states—as part of certainly appears to be an international money-laundering scheme. These articles were summarized on Daily Kos, and connected with other sources to show how Trump, deep in a fiscal hole following his largest and most comprehensive bankruptcy, was unable to secure financing to keep his company or his lifestyle alive from any normal, reputable source. So he did what he always does. He lied about it and took the Russian money. 
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3 hours ago, revkevsdi said:

What news reports had you believing that Hillary sold Uranium to  the Russians for donations to her charity?

The New York Times. 

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Still so hard to believe how much the Russians can affect our elections. Especially against a shoe in like Hillary. All the polls had her as a lock but some Facebook ads and BOOM...the cunt feel down   

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14 minutes ago, Skidooski said:

Still so hard to believe how much the Russians can affect our elections. Especially against a shoe in like Hillary. All the polls had her as a lock but some Facebook ads and BOOM...the cunt feel down   

Never underestimate the stupidity of the American people. 

 

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5 minutes ago, Skidooski said:

Still glad Hillary isn't POTUS!  :saluting:

Of course you are. You still beleive Bush was a better choice than Gore, that Obama was one of the worse Presidents and that climate change is a hoax. 

 

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Just now, revkevsdi said:

Of course you are. You still beleive Bush was a better choice than Gore, that Obama was one of the worse Presidents and that climate change is a hoax. 

 

:lol: You're in desperate need of your mentor little one

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8 minutes ago, revkevsdi said:

Of course you are. You still beleive Bush was a better choice than Gore, that Obama was one of the worse Presidents and that climate change is a hoax. 

 

And you still think you're relevant..? 

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3 minutes ago, Mainecat said:

American investors and banks won’t do business with Trump? 

Commie Russians lend to him. 

Many Russians here follow Trump like a puppy.

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